Sector · NACE 50

Water transport

415 Belgian companies whose main activity falls under NACE code 50 have filed annual accounts. Their median solvency is 39.7% for financial year 2024.

Companies415
Median solvency39.7%
Median equity305,068 €
Median headcount (FTE)3.4
Founded in the last 3 years21

Sector medians

Computed by Idonis

Distribution across the sector's companies for financial year 2024: a quarter of companies sit below the 1st quartile, half below the median, three quarters below the 3rd quartile.

Indicator1st quartileMedian3rd quartileCompanies
Solvency 14.1%39.7%74.6% 380
Current ratio 0.671.332.83 368
ROE 0.6%10.6%32.4% 318
Equity 47,625 €305,068 €€1.35m 383
Total assets 266,276 €957,995 €€3.41m 383
Net result −5,824 €22,620 €145,376 € 382
Headcount (avg FTE) 1.03.49.3 146

Medians computed by Idonis from annual accounts filed with the National Bank, all sizes combined. The same panel is the sector benchmark on every company page. Method

Largest companies: Water transport

Ranked by total assets in the latest filed accounts. This is a size criterion, not an assessment.

#Company Total assetsRevenue EquityFTEYear
1 CMB.TECH Belgium 2000 Antwerp €3.09bn €108.0m €2.61bn — 2025
2 Société d'Exploitation du Pioneering Spirit 2910 Essen €1.81bn €103.2m €1.69bn 7.0 2025
3 Boskalis Offshore Transport Services 2000 Antwerp €508.0m €335.5m €416.6m 85.5 2025
4 Saverco 2000 Antwerp €505.7m €1.80m €477.7m 9.0 2025
5 Exmar LPG 2000 Antwerp €365.1m 804,674 € €345.2m — 2025
6 Exmar Shipping 2000 Antwerp €362.3m €146.5m €71.6m — 2025
7 Euronav Shipping 2000 Antwerp €254.7m €19.5m €218.7m 6.8 2024
8 NYK Bulkship (Atlantic) 2000 Antwerp €188.0m €33.5m €146.1m 28.8 2026
9 Independent Container Line 2018 Antwerp €163.2m €386.4m €104.7m 70.0 2025
10 Bocimar International 2000 Antwerp €161.8m €108.4m €84.6m 15.4 2025
11 Conti-Lines 2610 Antwerp €90.5m €43.3m €36.3m 6.8 2025
12 EBE 2600 Antwerp €79.1m €17.5m €47.7m 84.3 2025
13 CMB.TECH International 2000 Antwerp €69.1m €18.5m €9.79m — 2025
14 Marbia Shipping 2960 Brecht €55.6m €18.4m €35.3m — 2025
15 KLN Freight (Belgium) 2100 Antwerp €52.4m €11.2m €51.0m 12.6 2025
16 Exmar Marine 2000 Antwerp €50.7m €15.9m €23.0m 17.9 2025
17 CLdN 8380 Bruges €46.6m €1.42m €45.1m — 2025
18 BCTN Meerhout 2450 Meerhout €42.3m €43.0m €19.2m 63.7 2025
19 CLdN Ferries 8380 Bruges €42.1m €13.5m €25.2m 43.3 2025
20 Fast Lines Belgium 2000 Antwerp €38.1m €15.6m €19.0m 8.5 2025

Where are they based?

  • Antwerp238
  • East Flanders54
  • West Flanders35
  • Brussels-Capital23
  • Hainaut17
  • Flemish Brabant13
  • Limburg9
  • Namur9
  • Liège8
  • Walloon Brabant6
  • Luxembourg2

Municipalities with the most

Sub-sectors

Frequently asked questions

How many Water transport companies are there in Belgium?

415 Belgian companies whose main activity falls under NACE code 50 (Water transport) have filed annual accounts with the National Bank.

What is the median solvency in Water transport?

For financial year 2024, median solvency (equity over total assets) is 39.7%. The middle half of companies lies between 14.1% and 74.6% (380 companies).

What is the largest company in Water transport?

By total assets, it is CMB.TECH Belgium (€3.09bn, financial year 2025).

Where are Water transport companies based?

The municipalities with the most: Antwerp (48), Schoten (23), Antwerp (21).

Idonis

Analyse companies in Water transport

Filter these companies by size, soundness and trend, follow them and get an alert when their accounts or publications change.

Open the full file →
Free account in 30 seconds, by email. No bank card.

Active companies (legal entities) that have filed at least one set of annual accounts, based on the Crossroads Bank for Enterprises and the National Bank of Belgium. The sector is the main activity in the register; the municipality is that of the registered office. Data updated on 10 Nov 2026.